OIL-DRI CORP OF AMERICA (ODC) Technical Analysis
NYSE:ODC • US6778641000
Current stock price
ODC Technical Rating and Analysis
Overall ODC gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, ODC did better than 88% of all other stocks.
- ODC is one of the better performing stocks in the Household Products industry, it outperforms 90% of 12 stocks in the same industry.
- ODC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ODC is performing more or less in line with the market.
- In the last month ODC has a been trading in the 59.11 - 70.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ODC Weekly and Daily overview Charts
ODC Setup Rating and Analysis
Besides having an excellent technical rating, ODC also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 62.58, a Stop Loss order could be placed below this zone.
More info and screens
ODC Support and Resistance Analysis
50.71
When analyzing the support we can see 3 important areas.
- A support zone ranging from 60.99 to 62.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 59.84 to 59.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @51.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 67.84 to 69.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
ODC Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ODC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ODC is neutral. |
| ChartMill Relative Strength | 88.76 | POSITIVE | ODC has a high relative strength, it outperformed 88.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ODC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ODC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ODC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.53 | NEUTRAL | The RSI value for ODC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests ODC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.34 | NEUTRAL | The Stochastics value for ODC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.88 | MEDIUM VOLATILITY | The ATR as a percentage value for ODC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.81 | NEUTRAL | The ADX value for ODC suggests a possible start of a new trend. |
ODC Chart- and CandleStick Pattern Analysis
ODC Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 64.73 | 60.98 | 3.75 (5.79%) | 17.26% |
| An entry @64.73. This is a Buy Stop order right above the 10 day high. | An exit @60.98. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.75 points, which is 5.79%. | For a 1.00% total portfolio risk, you can invest 17.26% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ODC Technicals: Chart, Performance Metrics, Trend & Indicators
63.28
+0.59 (+0.94%)
OIL-DRI CORP OF AMERICA / ODC TA FAQ
What is the technical rating for ODC stock?
ChartMill assigns a technical rating of 8 / 10 to ODC.
What is the trend direction for ODC stock?
The current trend direction for OIL-DRI CORP OF AMERICA (ODC) is Bullish.
What is the RSI signal for OIL-DRI CORP OF AMERICA (ODC) stock?
OIL-DRI CORP OF AMERICA (ODC) has an RSI value of 51.5334. This indicates that the stock is currently neutral.
What is the MACD signal for OIL-DRI CORP OF AMERICA (ODC) stock?
The MACD indicator for OIL-DRI CORP OF AMERICA (ODC) has a value of -0.175679, indicating a bearish trend.
What is the support and resistance level for ODC stock?
OIL-DRI CORP OF AMERICA (ODC) has a support level at 62.58 and a resistance level at 67.84. Check the full technical report for our detailed analysis of ODC support and resistance levels.